Consensus Forecast

Consensus Forecast - A consensus forecast is a forecast that is prepared and given for a company about their financial situation and expected growth, or lack there of. This report provides the entire sum of the company, so that analysts who follow the company can compile required information on how well the company is doing. By compiling this information, analysts can estimate any future trends. These exact same analysts can also give recommendations about the company's future. They are also able to provide investors with information about whether they should buy or sell stock in this company. The information gained is invaluable for an estimated guess.